For Sale $1,500,000
Property Type Industrial - Warehouse/Distribution
Property Size 14,788 SF
Lot Size 4.74 Acre
Additional Rent Contact for pricing
Year Built 1983
Date Updated Oct 3, 2024
HVAC None

Conveniently located in an industrial corridor in Lockwood near Billings, with excellent access to the Johnson Lane interchange on Interstate 90.Offering includes a three year triple net lease at an annual rate $144,000 (9.60% CAP). The site offers two warehouse structures with the main shop offering 13,688 SF of warehouse/office space with multiple overhead doors, three paint booths, a pre-engineered steel base, built in 1983. The second structure offers 1,100 SF of cold storage space, also of pre-engineered steel, was built in 1999. The lot totals 4.736 acres and offers ample off street parking, yard space with excellent ingress and egress. Duck's Painting Shop, established in 1987, is the only commercial painting operation that can service trucks and semi trailers in the greater Yellowstone County area and has customers throughout Montana and regionally (Wyoming, North Dakota, etc).

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Attachments

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Highlights

Real Estate: $1,500,000 ($101.43 PSF)
Total SF: 14,788 SF
Lot Size: 4.736 acres
Heavy Industrial Zoning
Septic & Well
Very good visibility with access to Johnson Lane I-90 Interchange
Initial Annual Rate: $144,000
CAP Rate: 9.60%

Contacts

Matt Robertson, SIOR

NAI Business Properties

Location

Getting Around

Walk Score ®
3/100 Car-Dependent
Bike Score ®
24/100 Somewhat Bikeable

Map
Street

City Billings, MT
Neighborhood Lockwood
Zip Code 59101

Points of Interest

Yellow Cab

4.57 miles

Exxon

0.90 miles
Conoco

0.91 miles
Pilot

0.94 miles
Conoco

2.33 miles
Conoco

2.74 miles
Conoco

3.05 miles
Cenex

3.06 miles
Cenex

3.09 miles
Exxon

3.09 miles
Conoco

3.16 miles

Interstate Bank Parking Lot

5.01 miles
DOI Parking Lot

5.06 miles
DOI Government Vehicle Secure Parking

5.10 miles
s

5.26 miles
Park 2

5.48 miles
Park 3

5.55 miles
Billings Clinic Parking

5.78 miles
Parking Garage

5.78 miles
Rimrock East

5.83 miles
Rimrock West

5.95 miles

McDonald's

0.72 miles
Burger King

0.83 miles
Jin's Buffet

1.03 miles
Domino's

1.05 miles
Subway

1.05 miles
Dairy Queen

1.06 miles
Subway

2.94 miles
Guadalajara Mexican Restaurant

3.05 miles
Panda Express

3.05 miles
Pizza Hut

3.05 miles

Lockwood IGA

1.99 miles
Walmart Supercenter

2.93 miles
Big Lots

3.00 miles
Amaya Oriental Market

3.15 miles
Albertsons

3.36 miles
Target

3.40 miles
Mr. Thrifty Foods

4.58 miles
Albertsons

5.51 miles
Lil Market Groceries

5.59 miles
Albertsons

6.94 miles

Lockwood Fire District #8

1.23 miles
Billings Clinic Heights

2.87 miles
Guzman Glenn, MD

2.88 miles
Walgreens

3.14 miles
CVS Pharmacy

3.42 miles
Planned Parenthood

3.98 miles
Yellowstone County Sherriff's Office

5.29 miles
Fire Station 1

5.31 miles
Yellowstone County Sheriff

5.44 miles
CVS Pharmacy

5.54 miles

Frequently Asked Questions

How much does Net Industrial Investment cost?

The space currently listed for sale at Net Industrial Investment asks for $1,500,000.

What is the total square footage of Net Industrial Investment?

Net Industrial Investment totals 14,788 square feet.

When was this property built?

Net Industrial Investment was built in 1983.

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